June 9, 2022

https://ift.tt/Rw3P0Vj Mastercard is working with a host of non-fungible token marketplaces to make it easy for people to buy NFTs with their cards. The payments giant has struck deals with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay. Consumers will be able to buy NFTs, whether on one […]

https://ift.tt/hQvK18G Scotcoin, a Scottish cryptocurrency that has been around for nearly a decade, is coming to the international market after striking a deal to list on the ProBit Global exchange. Invented in 2013, Scotcoin calls itself a cryptocurrency with a social purpose. It is backed by the Scotcoin Project CIC (Community Interest Company), which has

https://ift.tt/3hPKjWi After two years of painstaking prepartion, more than a dozen banks connected to Swedish mobile payments system Swish are set to test the pan-Nordic payments platform P27 by the end of the year. Backed by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank, P27’s lofty ambition is to create one common state

https://ift.tt/y4PjURZ Lloyds Bank is partnering with Sage and Satago to offer instant financing to Sage customers based on the value of unpiad invoices. Available in the UK from Q4 2022, the three-way partnership offer fast and flexible access to cash from unpaid invoices, helping small businesses better manage cash flow. In March, Lloyds Bank invested

https://ift.tt/bw68cPu HSBC is to put thousands of its employees through a bespoke training course in the latest fintech developments in a partnership with the University of Oxford’s Said Business School Steve Suarez, HSBC’s global head of innovation says the pace of growth of fintech, which includes crypto currency and blockchain, over the last few years,

https://ift.tt/6m20wr7 Note: This was lowered by the timing of the holiday. From CoStar: STR: Weekly US Hotel Performance Drops in Line With Expected Post-Holiday Slowdown Reflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR‘s latest data through June 4. May 29 through June 4, 2022 (percentage

https://ift.tt/631J0oc Topline Stocks plunged on Thursday as recession fears continued to weigh on markets and investors nervously looked ahead to a closely-watched consumer price index reading due Friday, with ongoing concern that inflation could come in higher than expected. Stocks took a hit before the upcoming consumer price index reading on Friday. Richard Drew/ASSOCIATED PRESS

https://ift.tt/gTd8X0u Santander Bank, N.A. (“Santander Bank” or “Santander”) today announced that Pierre Habis has taken on expanded responsibilities as the new Chief Consumer & Digital Transformation Officer. In this role, Habis will oversee Santander Bank’s digital transformation, leveraging Santander’s global technology assets and expertise to expand the Bank’s digital capabilities and enhance the experience for

https://ift.tt/So7w4Xq . In this article I present the strategy used by James O’Shaughnessy, influential investor and president of the investment advisory firm O’Shaughnessy Capital Management. Read on for how we identify stocks possessing the key characteristics O’Shaughnessy utilizes for this strategy and 25 current stock ideas from our Growth II screen. The Universe O’Shaughnessy establishes

https://ift.tt/PWsdSvb Today, in the Real Estate Newsletter: The Home ATM Still Open in Q1 2022; Closing Soon Excerpt: First, here is the quarterly increase in mortgage debt from the Federal Reserve’s report since 2000. In the mid ‘00s, there was a large increase in mortgage debt associated with the housing bubble. In Q1 2022, mortgage

https://ift.tt/ShGMc9K According to NextEarningsDate.com, the Adobe ADBE , ADBE next earnings date is projected to be 6/16 after the close, with earnings estimates of $3.31/share on $4.34 Billion of revenue. Looking back, the recent Adobe earnings history looks like this: ADBE tickertech The company has an impressive long-term earnings per share chart: ADBE tickertech And

https://ift.tt/YMwzQ4R Topline Dragged down by the stock market’s worst quarter since the Covid-induced recession two years ago, the combined net worth of U.S. households tumbled by $544 billion in the first quarter, ending a streak of record highs as Americans face plunging equity valuations—and load up on debt. A dramatic increase in home prices fueled

https://ift.tt/tWQonih The Federal Reserve released the Q1 2022 Flow of Funds report today: Financial Accounts of the United States. The net worth of households and nonprofits fell to $149.3 trillion during the first quarter of 2022. The value of directly and indirectly held corporate equities decreased $3.0 trillion and the value of real estate increased

https://ift.tt/0wFdW9m AFP via Getty Images Key Takeaways There is increased talk of a potential recession in the cards over the next 12 months Periods of negative economic growth can create a challenging environment for some companies, while others can appear almost immune Johnson & Johnson (JNJ) is often considered a ‘safe haven’ investment during recessions

https://ift.tt/3mHrlWI Source: Smarsh Smarsh, the global leader in digital communications compliance and intelligence, announced today that its board of directors has appointed Kim Crawford Goodman as the company’s new chief executive officer. Goodman, a recognized financial services and technology industry leader with more than 25 years of experience, will succeed Brian Cramer and lead the

https://ift.tt/d0ac1QV Topline Tesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on Wall Street remaining optimistic that Elon Musk’s electric-vehicle maker still has massive upside and long-term growth potential despite a selloff. The selloff in Tesla shares this year presents an “attractive entry point” for

https://ift.tt/yz2qTs4 From CoreLogic: US Homeowners Gained Over $60,000 in Equity Per Borrower in Q1 2022 as Historic Home Price Growth Continues, CoreLogic Reports CoreLogic® … today released the Homeowner Equity Report (HER) for the first quarter of 2022. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen

https://ift.tt/M2OAaJr Topline New York City investment firm Ark Invest, helmed by high-profile stock picker Cathie Wood, offloaded a large chunk of top-holding Pfizer on Wednesday and poured into rival vaccine-maker Moderna, which has far underperformed the former over the past year. Shares of Moderna have tumbled 40% this year while Ark’s Genomic Revolution ETF has

https://ift.tt/M2OAaJr Topline New York City investment firm Ark Invest, helmed by high-profile stock picker Cathie Wood, offloaded a large chunk of top-holding Pfizer on Wednesday and poured into rival vaccine-maker Moderna, which has far underperformed the former over the past year. Shares of Moderna have tumbled 40% this year while Ark’s Genomic Revolution ETF has

https://ift.tt/gLJkq2s Thierry Chilosi, Chief Executive, Europe, SWIFT, speaks at EBAday 2022 in Vienna, about achieving instant and frictionless cross-border payments. We hear about what is happening in the European payments landscape, SWIFT’s role in the future world of cross-border payments and CBDCs. Sponsored | what does this mean? This content has been created by the

https://ift.tt/MthUgGO China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monstah!). Since the March 15th low, Chinese internet stocks and Hong Kong stocks have had a strong move as we saw profit-taking overnight.

https://ift.tt/CoPisdG Radian Group RDN has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among shares of financial companies, RDN displayed both attractive valuation metrics and strong profitability metrics. For example, the recent RDN share price of $21.29 represents a

https://ift.tt/CoPisdG Radian Group RDN has been named as a Top 10 dividend-paying financial stock, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among shares of financial companies, RDN displayed both attractive valuation metrics and strong profitability metrics. For example, the recent RDN share price of $21.29 represents a

https://ift.tt/U1ghoF7 Caution Sign – Higher Interest Rates Ahead getty What’s better than a 9.3% dividend stock? How about one that’s poised to pop as interest rates rise? Business development companies, or BDCs for short, are overlooked by most income investors. That’s too bad for them because these dividend deals can be pretty sweet. Especially when

https://ift.tt/gnH8o5j S&P 500 getty While Street Earnings (based on Zacks Earnings) overstate profits for the majority of S&P 500 companies, but, there are also many S&P 500 companies whose Street Earnings understate their true profits. These companies are more profitable than investors realize and, in most cases, undervalued as well. This report shows: the prevalence

https://ift.tt/3YmWSy4 Source: Icici Bank ICICI Bank today announced that it has partnered with ZestMoney, a leading digital EMI/ pay-later platform, to expand its ‘Cardless EMI’ facility for purchases at retail and e-commerce platforms. The partnership enhances affordability of millions of customers of the Bank who can use pre-approved cardless credit to instantly buy products/ services

https://ift.tt/vYjOCaH Exchange traded fund concept. A bull and bear besides the golden text ETF. getty With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. How can investors change the game to shift the odds in their favor? Don’t Trust ETF Labels There are at least 179

https://ift.tt/L0xIAte Apple has taken another huge step into financial services, making loans to users of its new BNPL product directly, rather than through a banking partner. The tech giant has set up a wholly-owned subsidiary, Apple Financing, to offer loans directly for the Apple Pay Later service. Apple had net cash of $73 billion at

https://ift.tt/pKP7bu9 Ethereum 2.0 is merging with Ethereum, the original. But transaction costs are not expected to come … [+] down anytime soon. Still, developers have high hopes that the upgrade will be a big boon for the world’s biggest blockchain system. getty We already know what investors think about the Ethereum upgrade, dubbed “the merge”.

https://ift.tt/xqXmaJP The DOL reported: In the week ending June 4, the advance figure for seasonally adjusted initial claims was 229,000, an increase of 27,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 200,000 to 202,000. The 4-week moving average was 215,000, an increase of 8,000 from the

https://ift.tt/zfcRqGm This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Venture capitalists may be predicting trouble ahead for the private markets—but Cathie Wood has always danced to the beat of her own drum. The chief executive of

https://ift.tt/uGKmQ4t A Great Wall Motor premium brand electric sedan dubbed ‘Jijialong’ in Chinese was on display during … [+] the 19th Guangzhou International Automobile Exhibition in November 2021. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Hong Kong-traded shares in Great Wall Motor, China’s top homegrown SUV maker, plunged by 4.8% to HK$14.22